Systems and Methods for Processing Vehicle or Driver Performance Data

1. A method of receiving and managing networked communications configuring a vehicle insurance policy, the method comprising: receiving vehicle behavior data, the vehicle behavior data measuring a driving behavior; generating, by a premium calculating engine in response to receiving the vehicle behavior data, a modified premium using the vehicle behavior data; determining that a difference between an initial premium and the modified premium exceeds a threshold value, wherein the initial premium is for an insurance policy covering a vehicle associated with the vehicle behavior data; and modifying the vehicle insurance policy to immediately implement the modified premium.

2. The method of claim 1 , wherein the vehicle behavior data is further calculated by systems operated by an underwriter of the vehicle insurance policy using vehicle performance data.

3. The method of claim 2 , wherein the vehicle performance data includes at least one of vehicle speed, g-load, mileage, acceleration, deceleration, engine performance, oil temperature, fluid levels, cylinder temperature, spark plug voltage, fuel-air mixture, fuel flow, air pressure, boost pressure, or emissions gas readings.

4. The method of claim 1 , wherein the vehicle behavior data is aggregated from one or more drivers operating the vehicle without regard to any individual driver.

5. The method of claim 1 , further comprising: receiving external data from a source other than the vehicle.

6. The method of claim 5 , wherein the external data includes aggregate behavior data from one or more members of a demographic.

7. The method of claim 1 , wherein the vehicle behavior data is calculated at the vehicle.

8. The method of claim 1 , wherein the vehicle behavior data is generated by a data processing module.

9. A system, comprising: a data processing module installed in a vehicle including a hardware sensor for measuring vehicle performance data; and a computer-readable code for receiving and managing network communications, the computer-readable code being stored on a computer-readable medium, and, when executed, causing a computer processor to: receive vehicle behavior data, the vehicle behavior data measuring a driving behavior; generate, by a premium calculating engine in response to receiving the vehicle behavior data, a modified premium using the vehicle behavior data; determine that a difference between an initial premium and the modified premium exceeds a threshold value, wherein the initial premium is for an insurance policy covering a vehicle associated with the vehicle behavior data; and modify the vehicle insurance policy to immediately implement the modified premium.

10. The computer-readable code of claim 9 , wherein the vehicle behavior data is further calculated by systems operated by an underwriter of the vehicle insurance policy using the vehicle performance data.

11. The computer-readable code of claim 9 , wherein the vehicle data is aggregated from one or more drivers operating the vehicle without regard to any individual driver.

12. The computer-readable code of claim 9 , wherein the computer-readable code, when executed, causes the computer processor to receive external data from a source other than the vehicle.

13. The computer-readable code of claim 12 , wherein the external data includes aggregate behavior data from one or more members of a demographic.

14. The computer-readable code of claim 9 , wherein the vehicle performance data includes at least one of vehicle speed, g-load, mileage, acceleration, deceleration, engine performance, oil temperature, fluid levels, cylinder temperature, spark plug voltage, fuel-air mixture, fuel flow, air pressure, boost pressure, or emissions gas′readings.

15. The computer-readable code of claim 9 , wherein the vehicle behavior data is generated by a data processing module.

16. A system, comprising: a data processing module installed in a vehicle including a hardware sensor for measuring vehicle performance data; and a device for receiving and managing electronic communications, the device comprising: a memory; and a processor coupled to the memory, wherein the processor is configured to: receive vehicle behavior data, the vehicle behavior data measuring a driving behavior; generate, by a premium calculating engine in response to receiving the vehicle behavior data, a modified premium using the vehicle behavior data; determine that a difference between an initial premium and the modified premium exceeds a threshold value, wherein the initial premium is for an insurance policy covering a vehicle associated with the vehicle behavior data; and modify the vehicle insurance policy to immediately implement the modified premium.

17. The device of claim 16 , wherein the vehicle behavior data is further calculated by systems operated by an underwriter of the vehicle insurance policy using the vehicle performance data.

18. The device of claim 16 , wherein the vehicle data is aggregated from one or more drivers operating the vehicle without regard to any individual driver.

19. The device of claim 16 , wherein the processor is configured to receive external data from a source other than the vehicle.

20. The device of claim 19 , wherein the external data includes aggregate behavior data from one or more members of a demographic.